McNally Bharat Engineering Co has a current ratio of 1.20. It generally indicates good short-term financial strength.
The historical rank and industry rank for McNally Bharat Engineering Co's Current Ratio or its related term are showing as below:
NSE:MBECL'
s Current Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.78 Max: 1.2
Current: 1.2
During the past 13 years, McNally Bharat Engineering Co's highest Current Ratio was 1.20. The lowest was 0.09. And the median was 0.78.
NSE:MBECL's Current Ratio is not ranked
in the Construction industry.
Industry Median: 1.575
vs NSE:MBECL: 1.20
McNally Bharat Engineering Co (NSE:MBECL) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
McNally Bharat Engineering Co Current Ratio Related Terms
McNally Bharat Engineering Co Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:MBECL vs PWR, EME, J: Current Ratio Comparison
For the Engineering & Construction subindustry, McNally Bharat Engineering Co's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
McNally Bharat Engineering Co Current Ratio vs Construction Industry
For the Construction industry and Industrials sector, McNally Bharat Engineering Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where McNally Bharat Engineering Co's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
McNally Bharat Engineering Co (NSE:MBECL) has a Current Ratio of 1.20 as of Mar. 2026. This is 54% above median its historical median of 0.78. Over the past decade, McNally Bharat Engineering Co's Current Ratio has ranged from 0.09 to 1.20.
Is McNally Bharat Engineering Co's Current Ratio too high?
McNally Bharat Engineering Co's current Current Ratio of 1.20 is 54% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.20. The Construction industry median Current Ratio is 1.58. McNally Bharat Engineering Co's value of 1.20 is 23.8% below this industry median.
How does McNally Bharat Engineering Co's Current Ratio compare to PWR and EME?
McNally Bharat Engineering Co's Current Ratio of 1.20 can be compared against companies in the Construction industry. The industry median Current Ratio is 1.58. McNally Bharat Engineering Co's value of 1.20 is 23.8% below this benchmark. Historically, McNally Bharat Engineering Co's own Current Ratio has ranged from 0.09 to 1.20 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.58, McNally Bharat Engineering Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,782 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McNally Bharat Engineering Co's current Current Ratio of 1.20 is 23.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McNally Bharat Engineering Co's current Current Ratio is 1.20, which is 54% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McNally Bharat Engineering Co stock overvalued right now?
McNally Bharat Engineering Co (NSE:MBECL) has a current Current Ratio of 1.20. The stock's GF Value™ is ₹26.80, compared to a current price of ₹65.40 — trading 144% above its estimated fair value. The current Current Ratio is 1.20, which is 54% above median its 10-year median of 0.78 and 23.8% below the Construction industry median of 1.58. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For McNally Bharat Engineering Co (NSE:MBECL), the current Current Ratio is 1.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
McNally Bharat Engineering Co Business Description
McNally Bharat Engineering Co Ltd is an engineering company. The firm is engaged in providing turnkey solutions in the areas of power, steel, coal and mining, ports, aluminum, material handling, mineral processing, pyro-processing, pneumatic handling of powdered material, including fly ash handling and high concentrate disposal, coal washing, cement, water, oil and gas, civic and industrial water supply, and others. The Group is mainly engaged in a single business segment, viz, Engineering, Procurement, and Construction.
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